Govt considering Rs 10,000 cr package for shipping

The Centre is considering a Rs 10,000 crore package for the shipping industry to help it tide over the global economic crisis, a senior government official said.

"We know that the shipping industry in the country is facing difficulties. We are actively considering a package of Rs 10,000 crore to help the industry," Shipping Joint Director-General C B S Venkataramana told reporters here.

He was speaking at a seminar on logistics park organised by industry body CII here today.